Intraweek Trade Setup for 
BTCUSDT.P
Several failed auctions on the Weekly chart showed bearish momentum; however, the Daily structure remains intact, invalidating that bearish bias. Current price action suggests Bitcoin is accumulating below resistance, a typically bullish pattern.
The Weekly candle closed above the $98,115.4 V-Level, a key area that has acted as support multiple times already; this breakout hints at further upside potential.
On the Daily chart, price confirmed a bullish Failed Auction at the $112,615.3 support V-Level, with today’s candle closing back above it. OI & CVD data indicate heavy market selling with no follow-through, meaning sellers are likely getting trapped, most of that pressure originated from the largest buy-side liquidation cascade in crypto history.
Intraday, the range is set between $122,497.0 and $101,516.5. I’m watching for a mid-range long as the Daily FA built an Internal Over & Under pattern.
⚠️ This remains a risky setup given the location, but if BTC sweeps the range lows, I’ll look for a Failed Auction long from there, or a breakout from the current range.
Several failed auctions on the Weekly chart showed bearish momentum; however, the Daily structure remains intact, invalidating that bearish bias. Current price action suggests Bitcoin is accumulating below resistance, a typically bullish pattern.
The Weekly candle closed above the $98,115.4 V-Level, a key area that has acted as support multiple times already; this breakout hints at further upside potential.
On the Daily chart, price confirmed a bullish Failed Auction at the $112,615.3 support V-Level, with today’s candle closing back above it. OI & CVD data indicate heavy market selling with no follow-through, meaning sellers are likely getting trapped, most of that pressure originated from the largest buy-side liquidation cascade in crypto history.
Intraday, the range is set between $122,497.0 and $101,516.5. I’m watching for a mid-range long as the Daily FA built an Internal Over & Under pattern.
⚠️ This remains a risky setup given the location, but if BTC sweeps the range lows, I’ll look for a Failed Auction long from there, or a breakout from the current range.
העסקה בוטלה באופן ידני
Closing this trade on small loss. The fact that we are trading inside the range, like previously announced is risky, I'm not feeling comfortable with this one right now.
Let's DeCode the markets together,
Bast.
Bast.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
Let's DeCode the markets together,
Bast.
Bast.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
